MetaBank® Promotes Brett Pharr to Co-President and Chief Operating Officer
June 23 2020 - 4:15PM
MetaBank®, N.A., (“Meta”), a wholly-owned subsidiary of Meta
Financial Group, Inc.® (the “Company”) (Nasdaq: CASH), announced
today that Brett Pharr has been promoted to Co-President and Chief
Operating Officer of MetaBank. The announcement is part of aligning
business lines to best execute on Meta’s strategic initiatives.
Brad Hanson will continue to lead the Company serving as
Co-President and Chief Executive Officer of MetaBank and President
and Chief Executive Officer of the Company. Pharr will report to
Hanson.
Pharr joined Meta in February 2019, as EVP,
Group Head of Governance, Risk and Compliance. In this role, he was
responsible for overseeing Meta’s risk, compliance, legal, credit
administration and government relations functions. During his time
at Meta, Pharr also led the Company’s response efforts regarding
the COVID-19 pandemic.
In his new role, Pharr will be responsible for
overseeing all Meta’s business lines and executing on strategic
initiatives. “Brett has demonstrated and provided tremendous
leadership and guidance during his time at Meta, including the
refinement of our strategic initiatives,” said Hanson. “He has also
led the Company in implementing our response plan to the COVID-19
pandemic, collaborating with all of Meta’s business lines ensuring
the health and safety of our employees and minimizing disruption
for our customers.”
“I am honored and excited for the opportunity to
lead Meta in a business leadership capacity as we navigate these
unprecedented times,” said Pharr. “As the country begins to reopen,
it’s imperative to make sure that each of our business lines are
well positioned to serve the needs of our clients and
partners.”
Prior to joining Meta, Pharr previously spent
over 30 years at Bank of America and three years at Citizens Bank
in senior risk management and commercial lending roles. Pharr is an
accomplished banking and finance executive with core expertise
spanning risk, compliance, commercial lending business leadership
and transformation in highly regulated environments.
Anthony Sharett, EVP, General Counsel and
Corporate Secretary will expand his role and lead Meta’s risk,
compliance, legal, credit administration, and government relation
functions as Chief Legal and Compliance Officer, Corporate
Secretary.
About MetaBank, N.A.MetaBank®,
N.A., a federally chartered bank (“Meta”), is a subsidiary of Meta
Financial Group, Inc.® (Nasdaq: CASH), a South Dakota-based
financial holding company. Meta is a leader in providing innovative
financial solutions to consumers and businesses in under-served
niche markets and believes in financial inclusion for all. Meta’s
commercial lending division works with high-value niche industries,
rapid-growth companies and technology adopters to grow their
businesses and build more profitable customer relationships
nationwide. Meta is one of the largest issuers of prepaid cards in
the U.S., having issued more than a billion cards in partnership
with banks, program managers, payments providers and other
businesses, and offers a total payments services solution that
includes ACH origination, wire transfers, and more.
Investor Relations:Brittany Kelley
ElsasserDirector of Investor
Relations605.362.2423bkelley@metabank.com
Media Relations:mediarelations@metabank.com
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